新兴市场资产短缺的原因

IF 0.7 Q4 BUSINESS, FINANCE

Review of Development Finance Pub Date : 2013-01-01 DOI:10.1016/j.rdf.2012.12.002

Jiaqian Chen, Patrick Imam

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引用次数: 14

摘要

我们首先说明，新兴市场面临金融资产短缺，金融资产的增长速度不如国内储蓄的增长速度快。然后，对1995-2008年新兴市场的资产短缺进行量化估计。建立了一个理论模型来解释资产短缺发生的原因。然后，我们用计量经济学方法估计了资产短缺的原因，并得出了政策影响的结论。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Causes of asset shortages in emerging markets

We first illustrate that emerging markets (EMs) face a shortage of financial assets, with financial assets not growing as rapidly as domestic savings. An estimation to quantify the asset shortage in EMs for 1995–2008 is then undertaken. A theoretical model is developed to explain why asset shortages occur. We then econometrically estimate the causes of asset shortages, and conclude with policy implications.

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来源期刊

Review of Development Finance Economics, Econometrics and Finance-Finance

CiteScore

0.80

自引率

0.00%

发文量